On June 7, 2012, Mr. Liu Qun, chairman, general manager and deputy party secretary of China Foma Machinery Group Co., Ltd., came to Linhai to announce the managerial decision on the adjustments in the leading members of Linhai Group, among which, the upmost one is deputy general manager and Party Committee member of China Foma Group Mr. Sun Feng’s serving concurrently as chairman of Linhai Group.